World Review of Political Economy

Articles from Vol. 3, No. 3, Fall

A Review of the Seventh Forum of the World Association for Political Economy
Abstract: After the world economic crisis broke out in 2008, some developed capitalist countries adopted right-wing policies to rob the poor for the rich, at the expense of developing countries with no concern over the ecological environment. They succeeded...
Explaining Levels of Inequality in Oecd Nations by Using Rates of Surplus Value and Profit to Wage Ratios
Abstract: Two important concepts in the Marxist and Neo-Marxist literature are surplus value (S/V) and the profit to wage (P-W) ratio. It has always been understood that these variables are related to the levels of unemployment/underemployment, poverty,...
From the Crisis of Surplus Value to the Crisis of the Euro
Abstract: The financial crisis that erupted in 2007 and the subsequent crisis of the euro have received enormous attention both in the media and in specialized journals. One of the features of the recent literature is that the relation between Marx's...
SOUTH-NORTH NURSE MIGRATION AND ACCUMULATION BY DISPOSSESSION IN THE LATE 20th AND EARLY 21st CENTURIES
Abstract: Using David Harvey's notion of "accumulation by dispossession," this article brings systematic understanding to the connections between two widely observed contemporary phenomena: growing inequality on a world scale, and the rapidly increasing...
Speeches at the Seventh Forum of the World Association for Political Economy
Opening Speech-May 26, 2012We gather today here, in Mexico City, the largest city of the world, at the Metropolitan Autonomous University in Xochimilco, a renowned academic institution in Latin America, to celebrate the opening of the Seventh forum of...
Speech upon Receiving the Marxian Economics Award (I)
May 26, 2012My main academic achievements in Japanese are in The Collected Works of Makoto Itoh, six volumes (Tokyo: Shakaihyoron-sha, 2009-12), and in English listed in a bibliographical note at the end of this article. All of them derived from original...
Speech upon Receiving the Marxian Economics Award (Ii)
May 26, 2012The forum of WAPE is a truly grand celebration. It is a great pleasure to have so many distinguished friends and scholars meeting here.My name is Zhang Xunhua, and I am 91 years old. Although due to my age I cannot attend the forum myself,...
STATE, MARKET, THE PUBLIC AND HUMAN DEVELOPMENT IN THE 21st CENTURY
A STATEMENT OF THE SEVENTH FORUM OF THE WORLD ASSOCIATION FOR POLITICAL ECONOMYThe history of modern capitalism confirms the potential of the public sphere and the state sector to advance human development. It must be noted that not every case of an...
The Academic Career and Economic Thought of Yifeng Wu
As a Marxist economist, Yifeng Wu is a distinguished Rank-A Professor at Renmin University of China (RUC). In his lifetime, Professor Wu has assumed many prominent academic and professional positions. For example, he has been elected the President and...
Towards a Theory of Endogenous Financial Instability and Debt-Deflation
Abstract: Post-Keynesian and heterodox critiques have challenged the Monetarist assumptions of an exogenous money supply and the doctrine of monetary neutrality in the long run. Within these heterodox currents, there has emerged a widespread consensus...
Who Is the Exchange Rate Manipulator: China or America?
Abstract: The manipulation of the US dollar and other countries' currencies has been a longstanding American prerogative, thus American politicians and scholars are accustomed to labeling countries that fight against American policies on the US dollar...
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